Bajaj has drawn up a method to reinforce the manufacturing capability of its first co-developed premium choices with Triumph, the Speed 400 and Scrambler 400 X, to 10,000 items per 30 days by the tip of this monetary 12 months. 

The preliminary deliberate capability for Triumph on the new Chakan plant was 5,000 items per 30 days. According to Rakesh Sharma, the manager director of Bajaj Auto, the corporate has delivered over 8,000 new Triumph bikes because the graduation of its deliveries in August. 

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“We started with only 14 dealers, and we are now at about 28, and by the end of the year, we will touch 100 cities from the current 20 cities. We have a healthy order pipeline. Our current capacities are around 5,000-7000 units per month, and by the time we enter the last quarter of this fiscal year, we will be expanding Triumph bikes’ capacity to 10,000 per month. Beyond that we also have a steady programme of expansion, which will be calibrated along with the network expansion,” Sharma informed our sister publication, Autocar Professional. 

Bajaj Auto has fashioned a strategic alliance with Triumph UK to co-develop new merchandise to be offered underneath the Triumph badge, with manufacturing at a brand new facility in Chakan and gross sales managed by Bajaj Auto and Triumph straight. Notably, the manufacturing capability of the brand new Chakan plant is about 25,000 items per 30 days and is fungible between KTM and Triumph.

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Sharma additionally talked about that the bikes might be launched in worldwide markets by the tip of October or early November 2023. The firm plans to launch these bikes within the UK, North America, South America, Japan, and Southeast Asia markets and export 20,000-30,000 items. 

As Bajaj and Triumph are exploring additional development avenues underneath their collaboration, the homegrown auto main additionally expects to launch a minimum of one mannequin underneath the Triumph model yearly, together with extra product launches on the identical platform and exports from India.

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Commenting on the general motorbike enterprise, Sharma highlighted that the phase has carried out nicely within the final quarter, notably within the 125cc plus phase, which is Bajaj Auto’s space of strategic focus. “Compared to the same quarter last year, we have gained a 2 percent market share in this category. We have risen by 36 percent, while the rest of the industry has grown by 12 percent in Q2. This means that it has a better impact on product mix and revenue realisation,” he added.